Ataccama Receives $150 Million Growth Investment from Bain Capital
Ataccama, a leading unified data management platform provider, received $150 million in growth capital from Bain Capital Tech Opportunities, representing a minority investment in the company. The funds will be used to strengthen go-to-market engine, further invest in new product innovation and expand their global reach. These efforts will allow Ataccama to build on significant growth and cement their position at the forefront of the data management and governance sectors.
“Large organizations are struggling to scale and decentralize their data initiatives and enable data democratization, while at the same time keeping their data under control from a quality, governance, privacy and security perspective. Ataccama ONE Gen2 provides a seamless way to empower both technical and less technical ‘data people’ across the organization to create high-quality, governed, safe and reusable data products. This has propelled Ataccama’s growth in annual recurring revenue and client retention,” said Michal Klaus, Chief Executive Officer of Ataccama. “Bain Capital Tech Opportunities shares our business vision and mission, and this additional capital will enable us to meet growing demand and scale our operations while accelerating innovation.”